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$1,550,000
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Property Description
Rare investment opportunity in Point Fermin. Fully restored 1928 Mediterranean duplex on a 6,400 sq ft street-to-alley lot with LAR2 zoning and ADU potential (buyer to verify). Delivered vacant, this property is ideal for strong rental income, owner-user, or future development. Upper unit (3622) offers 3 bedrooms, 1 bath plus office/flex space, remodeled quartz kitchen, updated flooring, indoor laundry, balcony, and garage. Lower unit features 2 bedrooms, 1 bath, remodeled kitchen, direct yard access, and garage. Recent upgrades include electrical, plumbing, and foundation improvements. Prime corner lot with unobstructed views of the Korean Bell and Catalina Island ensures long-term tenant appeal. Two garages plus driveway parking. Conveniently located near Point Fermin Park, Cabrillo Beach, Paseo Del Mar, and the upcoming West Harbor waterfront development.
Full Property Details
Full Property Details for 3622 S Gaffey St
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25173371
- Added to Site: 187 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Basement, Bonus Room, Kitchen, Laundry, Living Room, Office, Wine Cellar
- Interior Features: Balcony
- Fireplace(s): None
- Appliances: Gas Cooktop, Microwave
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Awning(s)
Parking
- Garage Spaces: 2
- Parking Features: Direct Garage Access, Driveway, Combination Driveway, Garage, Garage Faces Rear, Oversized, RV Potential
- Parking: Garage (Direct Access), Driveway, Combination Driveway, Garage, Garage Faces Rear, Oversized, RV Potential
Location
- Area: 181 - Point Fermin
- County: Los Angeles
- Development Name: 181 - Point Fermin
- Driving Directions: Corner of Gaffey and 37th Street
- Direction Faces: West
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Mediterranean, Spanish
- Foundation: Raised
- Roof: Flat
- Windows: Double-Pane Windows
- Entry Location: Ground floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,371
- Year Built: 1928
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Ocean, Park/Greenbelt
- Lot Size (Acres): 0.147
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 0-1 Unit/Acre, Corner Lot, Level with Street, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $653.73
- Price Per Unit: 775000
Listed by Keller Williams Realty, Adela Randazzo
Sold by Century 21 Masters, Andrew Watkins
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Schools
Schools serving 3622 S Gaffey St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leland Street Elementary School 2120 S. Leland St., Los Angeles, CA 90731 | K-6 | 1 mi |
Richard Henry Dana Middle School, Los Angeles, CA 1501 S. Cabrillo Ave., Los Angeles, CA 90731 | 7-8 | 1.4 mi |
San Pedro Senior High School 1001 W. 15th St., Los Angeles, CA 90731 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3622 S Gaffey St
Date
Details
Price
Change
Source
10/31/2025
Sold
$1,550,000
—
MLS
9/24/2025
Price Reduced
$1,550,000
-6.06%
MLS
9/05/2025
Price Reduced
$1,650,000
-2.94%
MLS
8/05/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3622 S Gaffey Street, San Pedro, CA 90731 (MLS# SB25173371) is a Multi-Family property that was sold at $1,550,000 on October 31, 2025. Want to learn more about 3622 S Gaffey Street? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.

